I bought the same chair a few months ago for the same price thinking it was a deal. Costco sells the exact same chair (without the Serta branding, but it's the same one) for $79.99 regularly and I've seen it go on sale to $59.99 before. That said, it's a pretty good chair, I use it for my home office and rarely sit in it for more than a few hours but it's comfortable and does the trick.